---
kind: "section"
citation: "12 U.S.C. § 4303"
title: "12"
title_heading: "Banks and Banking"
number: "4303"
heading: "Account schedule"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/4303"
units:
  - "Chapter 44 — Truth in Savings"
---

# §4303. Account schedule

- (a) **In general—** Each [depository institution](/usc/12/4313.md?p=6) shall maintain a schedule of fees, charges, [interest](/usc/12/4313.md?p=7) rates, and terms and conditions applicable to each class of [accounts](/usc/12/4313.md?p=1) offered by the [depository institution](/usc/12/4313.md?p=6), in accordance with the requirements of this section and regulations which the [Bureau](/usc/12/4313.md?p=4) shall prescribe. The [Bureau](/usc/12/4313.md?p=4) shall specify, in regulations, which fees, charges, penalties, terms, conditions, and [account](/usc/12/4313.md?p=1) restrictions must be included in a schedule required under this subsection. A [depository institution](/usc/12/4313.md?p=6) need not include in such schedule any information not specified in such regulation.
- (b) **Information on fees and charges—** The schedule required under [subsection (a)](#a) with respect to any [account](/usc/12/4313.md?p=1) shall contain the following information:
  - (1) A description of all fees, periodic service charges, and penalties which may be charged or assessed against the [account](/usc/12/4313.md?p=1) (or against the [account](/usc/12/4313.md?p=1) holder in connection with such [account](/usc/12/4313.md?p=1)), the amount of any such fees, charge, or penalty (or the method by which such amount will be calculated), and the conditions under which any such amount will be assessed.
  - (2) All minimum balance requirements that affect fees, charges, and penalties, including a clear description of how each such minimum balance is calculated.
  - (3) Any minimum amount required with respect to the initial deposit in order to open the [account](/usc/12/4313.md?p=1).
- (c) **Information on interest rates—** The schedule required under [subsection (a)](#a) with respect to any [account](/usc/12/4313.md?p=1) shall include the following information:
  - (1) Any [annual percentage yield](/usc/12/4313.md?p=2).
  - (2) The period during which any such [annual percentage yield](/usc/12/4313.md?p=2) will be in effect.
  - (3) Any [annual rate of simple interest](/usc/12/4313.md?p=3).
  - (4) The frequency with which [interest](/usc/12/4313.md?p=7) will be compounded and credited.
  - (5) A clear description of the method used to determine the balance on which [interest](/usc/12/4313.md?p=7) is paid.
  - (6) The information described in paragraphs [(1)](#c-1) through [(4)](#c-4) with respect to any period after the end of the period referred to in [paragraph (2)](#c-2) (or the method for computing any information described in any such paragraph), if applicable.
  - (7) Any minimum balance which must be maintained to earn the rates and obtain the yields disclosed pursuant to this subsection and a clear description of how any such minimum balance is calculated.
  - (8) A clear description of any minimum time requirement which must be met in order to obtain the yields disclosed pursuant to this subsection and any information described in paragraph [(1)](#c-1), [(2)](#c-2), [(3)](#c-3), or [(4)](#c-4) that will apply if any time requirement is not met.
  - (9) A statement, if applicable, that any [interest](/usc/12/4313.md?p=7) which has accrued but has not been credited to an [account](/usc/12/4313.md?p=1) at the time of a withdrawal from the [account](/usc/12/4313.md?p=1) will not be paid by the [depository institution](/usc/12/4313.md?p=6) or credited to the [account](/usc/12/4313.md?p=1) by reason of such withdrawal.
  - (10) Any provision or requirement relating to nonpayment of [interest](/usc/12/4313.md?p=7), including any charge or penalty for early withdrawal, and the conditions under which any such charge or penalty may be assessed.
- (d) **Other information—** The schedule required under [subsection (a)](#a) shall include such other disclosures as the [Bureau](/usc/12/4313.md?p=4) may determine to be necessary to allow [consumers](/usc/12/5481.md?p=4) to understand and compare [accounts](/usc/12/4313.md?p=1), including frequency of [interest](/usc/12/4313.md?p=7) rate adjustments, [account](/usc/12/4313.md?p=1) restrictions, and renewal policies for time [accounts](/usc/12/4313.md?p=1).
- (e) **Style and format—** Schedules required under [subsection (a)](#a) shall be written in clear and plain language and be presented in a format designed to allow [consumers](/usc/12/5481.md?p=4) to readily understand the terms of the [accounts](/usc/12/4313.md?p=1) offered.

## Source credit

(Pub. L. 102–242, title II, § 264, Dec. 19, 1991, 105 Stat. 2335; Pub. L. 111–203, title X, § 1100B(1), July 21, 2010, 124 Stat. 2109.)

## Notes

### Editorial Notes

### Amendments

2010—Subsecs. (a), (d). Pub. L. 111–203 substituted “Bureau” for “Board” wherever appearing.

### Statutory Notes and Related Subsidiaries

### Effective Date of 2010 Amendment

Amendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.